Which of the following is a not a true statement concerning sole proprietorships?
A) Sole Proprietorships are easy to start but almost impossible to terminate.
B) The entrepreneur is personally liable for all debts incurred by the business.
C) If the entrepreneur is no longer able to operate the business, it must be terminated unless someone else is willing to operate it.
D) Sole Proprietorships amount to about 75% of all the businesses in the United States.
E) All of the above are true.
Correct Answer:
Verified
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